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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
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Author: rmeyer

NYU 2021

Unable to attend the 2021 NYU Conference? Check out hotelAVE’s Key Conference Takeaways!   1) GREEN SHOOTS DRIVING CONFIDENCE STR forecasting nominal RevPAR recovery one year earlier – now 2023. Return of international travel, expected business and strong group pace bodes well for 2022. 2) UNCERTAINTY IN UNDERWRITING RECOVERY AND      INFLATION IMPACT While..
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Distressed Hotel Assets in the Americas post-COVID-19

One thing we can say with certainty is that it won’t be easy, nor even, and it will take some time. As with any prior major disturbances to the hospitality industry, there will be some winners and losers. With assets under management from Argentina to Canada, we at HotelAVE have been designing solutions for our..
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People on the move at hotelAVE, Louvre hotels and HSMAI

Executive roles are being filled at hotelAVE and Louvre Hotels Group, while the Hospitality Sales and Marketing Association International (HSMAI) has introduced its 2021 Americas board. Here’s a look: Stephen Stoycos joins hotelAVE as EVP of hospitality advisory & consulting: Hotel Asset Value Enhancement (hotelAVE) has appointed Stephen Stoycos as EVP of the firm’s hospitality..
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Hotel Management Companies Versus Hotel Asset Managers – What’s the Difference?

Hotel operators have many responsibilities that typically center around “day to day operations”, including hiring and training employees, ensuring high guest satisfaction, defining operating procedures, complying with brand standards, complying with local laws, pricing hotel rooms and other revenue sources, marketing the business, managing hotel bank accounts, and purchasing operating supplies, to name a few. ..
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Hotel Asset Management: A Guide

While general real estate asset management has existed for decades, hotel asset management evolved as a specialization beginning in the early 1990s, and for good reason.  To maximize hotel real estate value, owners need hotel asset managers qualified un-biased advocates with specific expertise in hotel operations, real estate and capital markets.    Interested in learning more..
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Beyond Benchmarking – A simple statistical approach to unlocking value in food and beverage pricing

When hotel managers determine the prices associated with room revenue, they apply a rigorous approach that draws on industry and market data. This allows hotel managers to optimize room pricing for their market, balancing supply, demand, services, and brand. Considering the rigor applied to room revenue pricing decisions, it is remarkable that the approach to..
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